SunPower settles Philippines wafer dispute for $50.5 million
In an SEC filing, the PV maker revealed that it has settled a monocrystalline wafer supply dispute with a Philippines subcontractor for a sum of $50.5 million.
SolarWorld to appeal court ruling in $793 million dispute
A U.S. court has granted Hemlock’s hefty claim against the leading solar PV company, which remains confident that enforcement of the lawusuit will fail in Germany.
Hemlock claims $793.5 million in damages from SolarWorld
SolarWorld could face bankruptcy as a result of its polysilicon supply dispute with Hemlock. The U.S. polysilicon supplier is claiming up to $793.5 million in damages, in court documents acquired by Reuters today.
Washington D.C. raises renewable energy mandate to 50% by 2032 with 5% solar carve-out
The nation’s capital now has the fifth-most-aggressive RPS policy in the nation. As part of the new program the city plans to provide access to solar PV for 100,000 low-income households.
Soligent partners with CleanFund to offer PACE financing for C&I solar
CleanFund’s SolarPACE program offers loans with up to 30-year terms, and can enable business owners to use the federal ITC to help pay off loans.
TerraForm adopts shareholder rights plan as Brookfield & Appaloosa attempt takeover
The yieldco’s “poison pill” was created to prevent sale of more than 15% of the company’s class A stock and to keep bidders from blocking the sale of the company.
U.S. government makes up to $4.5 billion in loan guarantees available for EV infrastructure
The new access to loan guarantees is part of a suite of actions that the Obama Administration has unveiled to support electric vehicles and charging stations.
El Paso Electric Drops Solar Surcharge Campaign
A Texas utility attempting to levy residential customers with a surcharge for solar is the latest in the country to capitulate to national solar advocates blocking such charges.
Louisiana to shut down solar tax rebate after exceeding cap
Advocates believe that the cap on rebates may impact homeowners who installed solar before the law changed in July 2015.
Greentech Media, GTM Research to be acquired by Verisk Analytics
GTM Research will be folded into energy metal and mining research and consultancy company Wood Mackenzie.
